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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: VLAD who wrote (38695)	10/7/1998 5:40:00 PM
From: Tenchusatsu	Respond to of 1588034

Is this Kumar guy really the reason for such a drastic sell off or am I missing something here? No one really knows. I feel like Kumar is becoming a scapegoat on this thread. Sure, he might be Kurlak-ing AMD, but not even Tom Kurlak can cause Intel to drop over 20%. Tenchusatsu

To: VLAD who wrote (38695)	10/7/1998 5:41:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1588034

Look around you, the average stock is down over 40%. It's a bear market. Any good news is just a reason to sell. I almost sold yesterday but figured I'd get a chance today at 22. Wrong-a-mundo! I guess I can by more but the bearish sentiment in the market has a stranglehold right now. If you have a profit in anything their going to get it. Intel is stable because it's already lost it's last 10 point run up and before that it really hasn't gone anywhere for a year and a half. When the rest of the market gets all the profits for the last year and a half they will start looking at Intel again with a hungry look in their eye. Jim

To: VLAD who wrote (38695)	10/7/1998 6:21:00 PM
From: Thomas G. Busillo	Read Replies (1) \| Respond to of 1588034

VLAD, no. IMHO, he's just the sleaziest. He operates on the Kurlak model - call outrageous conjecture "research", have it disseminated, see the stock move, see the move attributed to your "research", and know that most financial journalists as a group are too lazy or too co-opted to remember what you told them a month ago when it turns out to be a crock of sh*t. I bought too & hold at a loss. I'll take the chance that the majority of the selling is short-term profit-taking/late-buyers taking losses and maybe some options positions closing (would be interesting to see whether all those 20's yesterday were bought to open or sold to open). The analyst have done a great job of spinning the story. But guys, c'mon get your talking points right. Bob Pisani is out there pitching "slower PC growth" (as usual - no named sources from Pisani) and Dow Jones is running with the "anticipated R&D spending angle" pitched by Nirenberski and Barlage (both have hold/neutrals on it; gee, I guess either it's just too difficult for Dow Jones to research their positions or Dow Jones is unwilling to even hint at piercing the illusion that these guys are all just objective observers who would never disproportionately tout certain items merely to support their ratings <g>) Good trading, Tom